This public procurement record has 1 release in its history.

Award

03 Aug 2026 at 07:26

Summary of the contracting process

The procurement process titled "GB-Sheffield: Review of transaction documentation AAI" was conducted by BIP SOLUTIONS LIMITED, acting on behalf of the British Business Bank Plc. This procurement, which falls under the Legal Services industry category (CPV code 79100000), aims to review transaction documentation for equity investment. Located in Yorkshire and the Humber, United Kingdom, the tender package was valued at £32,000. The tendering phase concluded on 22nd June 2026, with the contract running from 23rd June 2026 to 31st August 2026. The procurement process, marked as complete, involved a method categorised as "Other - Not Disclosed" in its details.

This completed tender presents growth opportunities particularly for large-scale legal service providers, given its focus on specialised legal expertise within the finance and high-risk sectors. Although SMEs and VCSEs were not deemed suitable, large firms like the awarded supplier, Ashurst Perkins Cole, could capitalise on such contracts. This type of procurement allows large legal entities to strengthen their portfolio in government-focused legal services, especially for groups similar to the British Business Bank, which often require comprehensive legal documentation reviews related to high-stakes financial transactions.

How relevant is this notice?

Notice Title

GB-Sheffield: Review of transaction documentation AAI

Notice Description

Review of transaction documentation for equity investment. BBFSL utilised the Government Commercial Agency (GCA) RM6360 Legal Panel for Government Lot 3 Finance and High Risk / Innovation Additional information: British Business Bank Plc, registered in England and Wales, registration number 08616013, registered office Steel City House, West Street, Sheffield, S1 2GQ, a development bank wholly owned by the HM Government. It and its subsidiaries are not banking institutions and do not operate as such. With the exception of BBB Investment Services Limited they are not authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. BBB Investment Services Limited is authorised and regulated by the Financial Conduct Authority. A complete legal structure chart for the group can be found at www.british-business-bank.co.uk.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8b13420b-772f-4cbc-9ed6-b7a9f7fcb850
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7a3ff1a4-6523-4a22-926a-49266e921f30
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Not Disclosed
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79100000 - Legal services

Notice Value(s)

Tender Value
£32,000 Under £100K
Lots Value
Not specified
Awards Value
£32,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Aug 20262 days ago
Submission Deadline
21 Jun 2026Expired
Future Notice Date
Not specified
Award Date
21 Jun 20261 months ago
Contract Period
22 Jun 2026 - 31 Aug 2026 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BIP SOLUTIONS LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2GQ
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE Yorkshire and The Humber

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

ASHURST PERKINS COLE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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